The M&A Roundup: Lots of Chatter, Mostly Smaller Deals with Some Larger Ones Far From a Sure Thing

When the going gets tough in the mortgage industry and profit margins begin to wither, thinly capitalized lenders start heading for the exits. But of late, the selling has been light, with a few large blockbuster deals – Ditech and loanDepot – remaining in the “maybe” column. “There’s a lot of chatter out there, but not much in the way of done-deals,” said Chuck Klein, managing partner of Mortgage Banking Solutions, Austin, TX. “But companies are concerned – they’re looking at the next 24 months and ...

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